Investing

Michael Nagle | Bloomberg | Getty Images Traders pass in front of an American flag displayed outside of the New York Stock Exchange in New York. Strong second-quarter earnings, along with falling rates and a weak dollar, will continue to drive stocks higher, according to Jefferies, which raised its year-end price forecast for the S&P
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Robert Shiller is well-known for his views on valuation, volatility, dividends and bubbles. But when asked what currently worries him most, the Yale professor of economics turned to another subject entirely. “A theme that I have been coming back to is that the big worry that’s on people’s minds — I don’t know how active
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Whirlpool‘s stock was falling nearly 7 percent Thursday morning a day after the appliance manufacturer delivered earnings and sales for the second quarter that missed Street estimates. On a call with analysts and investors Thursday morning, the clear elephant in the room was quickly mentioned — Sears recently signing a deal to sell Kenmore appliances
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Shares of Southwest Airlines were hit hard in early Thursday trading before recovering slightly. Investors were expressing concern over slower unit revenue growth. Despite reporting better-than-expected quarterly earnings and revenue Thursday, the stock was down more than 7 percent at one stage. Here’s what Southwest reported versus what Wall Street was expecting: Earnings per share:
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Finally, Cramer grudgingly reviewed Polaris Industries, a manufacturer of snowmobiles, all-terrain vehicles and motorcycles that has had a wild ride over the last several years. From 2012 to 2015, shares of Polaris rallied 150 percent. But starting in 2015, the company’s earnings, revenue and growth all slowed due to mishaps in costs, shipping and inventory
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The dollar fell on Wednesday, touching its lowest level in more than a year against a basket of currencies after the release of the Federal Reserve’s policy statement following its July meeting. The Federal Open Market Committee announced no changes to monetary policy, as expected. Policymakers said, however, that the U.S. central bank would begin
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Shares of Sprint spiked 5 percent Friday after The Wall Street Journal, citing sources, said the telecommunications company met with Warren Buffett and media business giant John Malone about an investment. Sprint Chairman Masayoshi Son met separately with Buffett and Malone, chairman of Liberty Media, this week during a gathering of chief executive officers in
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Revenue for the quarter rose 3 percent. Subscription software reached more than $1 billion for the first time. Oracle has been pushing hard in public cloud, aiming to compete with market leader Amazon Web Services (AWS). In May, Oracle said AT&T would move thousands of databases to its cloud. However, the second-generation cloud infrastructure that
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It has been a decade since Stephen Schwarzman listed Blackstone, his private equity firm, on the New York Stock Exchange. By most measures, the past 10 years have been good to both Mr Schwarzman and Blackstone. Its asset base quadrupled to nearly $400bn. His name adorns the New York Public Library’s landmark Fifth Avenue building
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As Wall Street digests Amazon’s $13.7 billion offer to buy Whole Foods Market, Jim Cramer flagged some key events and reports on the horizon that could further sway the market. “It’s tough to come back to earth after trying to explore the implications of the most disruptive, most game-changing takeover I can recall, … Amazon’s
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